Tuesday, February 21, 2023

Judge to hear final arguments in trial over Musk's $55B Tesla pay

According to recent news articles, a Delaware judge is set to hear final arguments in the trial over Elon Musk's $55 billion Tesla pay package. The lawsuit was filed by shareholders who claim that the board of directors of Tesla failed to properly oversee Musk's compensation plan, which they argue is excessive and lacks proper performance metrics. The trial has been ongoing for several months, with both sides presenting evidence and testimony. The final arguments will be heard on March 11, 2022, after which the judge will issue a ruling.

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